Transactions - OCTOBER 8, 2021

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LPC expands into Sacramento, receives first mandate from family trust

by Andrea Zander

LPC West, the West Coast arm of national real estate firm Lincoln Property Co., is expanding its operations to Sacramento. As its first venture into the market, the company has been selected by the Cherng Family Trust to manage a 10-building portfolio of office properties, totaling nearly 1 million square feet, nine of which are located in Sacramento County. The portfolio, called the California Capitol Collection, was recently acquired by the Cherng Family Trust.

“The California Capitol Collection is a high-quality office portfolio in the Sacramento area,” said Kevin Yee, an acquisitions adviser for the Cherng Family Trust. “We are excited to acquire it and partner with LPC West to ensure its longevity and success.”

Real estate industry veteran Nico Coulouras is joining LPC West as senior vice president for the Sacramento region. During his four-decade real estate career, Coulouras has amassed deep experience in the region, having contributed to the asset manag

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